Parcel Pending CEO Lori Torres Named Entrepreneur of the Year by Tech Coast Angels

IRVINE, CA – (Marketwired – Mar 14, 2016) – Parcel Pending CEO Lori Torres was named the 2016 Entrepreneur of the Year at the annual Celebration of Entrepreneurship presented by Tech Coast Angels on March 10. Torres was honored as the entrepreneur who best exemplifies the entrepreneurial spirit of perseverance, tenacity and passion.

With more than 25 years of real estate management and customer service experience, Torres departed from the Irvine Company to follow her entrepreneurial instincts and started Parcel Pending in 2013 with funding and support from Tech Coast Angels. Showing not just perseverance but also drive, while in the midst of the start-up phase, Torres also earned an MBA from Pepperdine University.

“Lori represents the best characteristics in an entrepreneur,” said John Harbison, Tech Coast Angels, Chairman. “She is resourceful, fearless, inspiring and committed to making her company, Parcel Pending, a great success. We are proud to honor her with our inaugural Angel Wings Award.”

Under Torres’ leadership, Parcel Pending leads the global package management industry with 100% Always-On Customer Service® for its digital smart lockers. With the growth of online shopping, multi-unit properties have become overrun with package deliveries. Parcel Pending removes the crazy chaos of package management by assuming all of the customer service responsibilities for package delivery, notification and retrieval, making life easier for property managers and residents alike.

“Tech Coast Angels is one of the largest, and most respected, angel investment groups in the country,” said Torres. “It’s an honor to receive the Special Angel Wings Award, and I am extremely grateful for Tech Coast Angels’ tremendous support of Parcel Pending. Their counsel and network has been a great resource to me and my team.”

About Tech Coast Angels

Tech Coast Angels was founded in 1997 and is one of the largest angel investment organizations in the U.S., supported by more than 300 members networks across California. Going above and beyond just providing capital, Tech Coast Angels offers counsel, mentoring and access to an extensive network of potential investors, customers, strategic partners and management talent. Their members provide funding and guidance to more early stage, high-growth companies in Southern California than any other investment group.

About Parcel Pending

Parcel Pending Inc. leads the global package management industry with 100% Always-On Customer Service and completely customizable digital smart lockers for any setting. The privately held company was founded in 2013 and is headquartered in Irvine, Calif. Parcel Pending frees property managers from their package problems so they can get back to managing properties, not packages. Parcel Pending digital smart lockers are installed throughout North America. For more information, please visit www.parcelpending.com.